4 Beds
2 Baths
1,860 SqFt
4 Beds
2 Baths
1,860 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $147
MLS Listing ID 1537375
Bedrooms 4
Year Built 1985
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 20X244.9
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Each side features 2 bedrooms, 1 full bath, updated kitchens, new vinyl flooring, fresh paint, and modern updates throughout. The seller recently installed a brand-new roof, providing added peace of mind and reducing future maintenance expenses. HVAC heater blower changed in unit 188. HVAC in unit 190 is 4 years old.
Previously rented for $1,250 per side, with projected rental potential of approximately $1,250 to $1,500 per month per unit, this property offers an attractive opportunity for cash flow and long-term appreciation. Both units are currently vacant, allowing a new owner to set market rents immediately or occupy one side while generating income from the other.
The location is hard to beat. Enjoy walkability and quick access to Camp Jordan, Topgolf, Bass Pro Shops, the Red Wolves Soccer Stadium, Chick-fil-A, and East Ridge's growing restaurant and entertainment district. Downtown Chattanooga is just a short drive away, making this property appealing to tenants and homeowners alike.
Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this duplex checks all the boxes.
Location
State TN
County Hamilton
Area 0.11
Rooms
Basement Crawl Space
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl
Equipment None
Fireplace No
Appliance Refrigerator, Microwave, Electric Range, Dishwasher
Heat Source Central, Electric
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature None
Parking Features Asphalt, Off Street
Garage Description Asphalt, Off Street
Pool None
Community Features None
Utilities Available Cable Available, Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Lot Description Level
Faces Ringgold Road East 1/4 mile from I-75, turn left onto Frawley Road. Duplex is on right approximately 1/4 mile.
Story Two
Foundation Block
Sewer Public Sewer
Water Public
Additional Building None
Structure Type Vinyl Siding
Schools
Elementary Schools Spring Creek Elementary
Middle Schools East Ridge Middle
High Schools East Ridge High
Others
Senior Community No
Tax ID 170b D 005.05
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Investor
Schools and Properties Nearby
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